OFF MARKET

89/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 112m2
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Property Details for 89/54 Vernon Tce, Teneriffe

89/54 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1911. The property has a land size of 112m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last transferred in January 2022.

Building Type
Unit
Year Built
1911
Floor Size
115m2
Land Size
112m2
Local Government
Brisbane
Lot/Plan
89/SP142198

Last Listing description (March 2024)

Ideally positioned in the heart of one of Brisbane's most coveted suburbs, this two-bedroom apartment is set within the prominent Winchcombe Carson complex. Offering proximity to the suburb's fashionable attractions and the use of resort-style facilities, this north-east-facing property is also only four kilometres from Brisbane's CBD.

Exuding industrial-inspired sophistication, the residence is presented with lofty ceilings, polished timber floors, plantation shutters, plenty of glass and exposed brick walls.

Cleverly designed, the apartment boasts a spacious open-plan living and dining area filled with natural light. Steps away, a semi-enclosed al fresco area looks out to the iconic Woolstores building. There is also a sensational modern kitchen displaying quality appliances and ample cupboard storage.

You will also find an ensuited master bedroom, a sizeable second bedroom and a well-appointed main bathroom. Other notable details include lift access, secure parking for one car, air-conditioning and an abundance of storage. Residents will also appreciate the complex's spectacular in-ground swimming pool & barbecue facilities.

Just a leisurely stroll from a multitude of renowned dining options and boutiques, this exceptional property is also close to the Gasworks and Howard Smith Wharves precincts. Cherished New Farm Park, the Teneriffe Ferry Terminal and the Fortitude Valley train station are also nearby.

Falling within the New Farm State School, Fortitude Valley State Secondary College and Kelvin Grove State College catchment areas, this brilliant residence is also a short drive from All Hallows' School, Holy Spirit Primary School and Saint Joseph's College.

For more information or to see when the next viewing is scheduled for please contact Ethan from Team Reis on 0461 500 797 or email ethanroberts@eplace.com.au today!

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Property History for 89/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Transferred
$790,000
27 Jan 2022
Listed for Rent
$900/w
04 Mar 2024
  • 12 Feb 2024
    Listed for Rent $900 / week
  • 06 Mar 2023
    Listed for Rent - Price not available
  • 27 Jan 2022
    Transferred for $790,000
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About Teneriffe 4005

The size of Teneriffe is approximately 0.9 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Teneriffe in 2011 was 4,700 people. By 2016 the population was 5,344 showing a population growth of 13.7% in the area during that time. The predominant age group in Teneriffe is 30-39 years. Households in Teneriffe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Teneriffe work in a professional occupation. In 2011, 41.6% of the homes in Teneriffe were owner-occupied compared with 42.3% in 2016.

Teneriffe has 3,765 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.18% increase in median value, while Units have seen a 66.73% increase. As at 31 October 2024:

  • The median value for Houses in Teneriffe is $2,045,362 while the median value for Units is $996,566.
  • Houses have a median rent of $858 while Units have a median rent of $750.
There are currently 25 properties listed for sale, and 16 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Teneriffe.

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